News on Indian Economy
Under the scheme, eligible applicants can receive GST registration automatically within three working days of submitting their application. The facility covers applicants identified as low risk as well as businesses that assess their monthly output tax liability on supplies to registered persons at no more than ₹2.5 lakh, including CGST, SGST or UTGST and IGST.
The Indian Ocean Strategic Venture, or IOSV, was announced in the February 13, 2025 India-US Joint Leaders’ Statement. The two governments agreed to deepen dialogue and cooperation across the Indian Ocean while coordinating investments intended to improve economic connectivity and commerce.
The maiden shipment will carry methanol produced by Assam Petro-Chemicals Limited to Pangaon Port in Dhaka. The vessel will travel along National Waterway-2 on the Brahmaputra before entering the Indo-Bangladesh Protocol Route, creating a direct inland-waterway link between Upper Assam and an international destination.
Kaipad Rice received Geographical Indication protection in 2014, recognising both the distinctive grain produced in these fields and the traditional agricultural ecosystem from which it originates. Its identity depends less upon a single rice cultivar than upon the relationship between salt-tolerant rice varieties, tidal water, monsoon rainfall, wetland soils and the traditional farming knowledge of North Kerala.
The profitable companies together generated approximately ₹14,511.8 crore in cumulative net profit. By contrast, the 33 loss-making companies reported combined losses of around ₹21,459.4 crore.
MOIL’s provisional manganese ore production increased by about 19.1 per cent year-on-year in September 2026. Output rose by 29,000 tonnes compared with the same month last year, giving the company a stronger monthly production base as it moves into the second half of the financial year.
CSIR-NAL formally initiated the programme through a Request for Proposal issued in August 2024 for joint research, development, manufacturing and commercialisation of an indigenous 150 kg-category loitering munition UAV.
Jindal Defence Taurus said the first consignment of T9 machine pistols had gone for inspection, describing the event as an important milestone towards Indian Army integration.
Unlike fibre-based quantum communication, free-space QKD transmits quantum signals through the atmosphere using optical systems. Such links are important for locations where laying dedicated fibre may be difficult and are also relevant to the development of future ground-to-air and satellite quantum communication networks.
Union Commerce and Industry Minister Piyush Goyal has said that India’s existing and upcoming trade agreements could eventually provide preferential access to around 75 per cent of global trade, giving Indian exporters broader access to major international markets.
